Question: Formulate the linear program on the following problems: The Central City Manufacturing Company produces two types of toy model cars, the standby streamer and the

Formulate the linear program on the following
Formulate the linear program on the following problems: The Central City Manufacturing Company produces two types of toy model cars, the standby streamer and the model T. Three machines are required to produce each type; these machines are classified as MC1, MC2, and MC3. Each standby streamer requires seven (7) minutes process time on MC1, four (4) minutes on MC2 and 10 minutes on MC3. A model T requires four (4)minutes on MCI, 15 minutes on MC2, and 16 minutes on MC3. Each day there are 420 minutes of available time on MC1, 600 minutes on MC2 and 840 minutes on MC3. The var- iable cost is P50 per unit of standby streamers and P64 per unit for the model T. Standby streamers sell at a price of P58 per model, whereas model T's sell for P7 per model. The company's fixed cost is P70 per day. Using the graphical method, determine the daily production rate for the two models which will maximize profit

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